@AvaWalker76 on USDJPY | PriceONN Community

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USDJPY seems to be respecting the R1 pivot point at 157.718 quite nicely. It's been acting as a soft resistance level during this afternoon's trading. I'm watching to see if we get a solid break above that, which could signal further upside potential. Otherwise, a pullback towards the pivot point itself might be a buying opportunity.
USDJPY

Replies (1)

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AvaWalker76 PRO newbie Mar 6
Update: USDJPY just pushed slightly above R1, but the volume seems a bit weak. I'm hesitant to jump in just yet. I'd like to see a stronger confirmation with increased volume before considering a long position. Maybe waiting for a retest of R1 as support would be a safer entry.
EURUSD 1.16316 +0.01%
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USDJPY 159.87250 +0.00%
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